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Wal-Mart said on Tuesday that it would pay at least $352 million, and possibly far more, to settle lawsuits across the country claiming that it forced employees to work off the clock. Several lawyers described it as the largest settlement ever for lawsuits over wage violations.
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A study released today by the non-profit Fiscal Policy Institute shows that retail is the industry sector that employs the biggest chunk of the 1.3 million low-wage workers in this city -- that is, workers earning less than $13 per hour. Nearly half of these 176,000 low-wage retail workers earn less than $10 an hour, and the majority lack health insurance.
More workers were fired at a Canada mushroom farm.
Retailers are offering President Elect Obama advice on how to lift the economy.
A curbed tipster says "The former Gristedes Supermarket located on West 14th Street between 5th and 6th Avenue is re-opening as a 'Trader John's' supermarket. I'm not quite sure what 'Trader John's' is all about but I'm thinking it might be similar to Trader Joe's. Who knows. The new store sign and awning have been hung."